棉

棉 = 帛 + 木 : Marilyn Monroe (mi) found new silken panties (帛) for her under the Christmas tree (木) in the anthill's kitchen (an2)! The panties are nicely packed in a box full of cotton (棉).

帛 = 巾 + 白 : Somebody stole Beelzebub's (b) silken panties (帛) and now he won't get them back until he declares defeat! He chased the thief with a towel (巾) wrapped around his waist, but now, in the observatory's kitchen (o2), he finally declares defeat by waving a white flag (白).

木 = 八 + 十 : Mnemonic symbol: a Christmas tree. Malte Monkey is putting up a Christmas tree (木) in the bathroom of the space station (Ø4). He's using a cross (十) as a base to put the tree on, and decorates the tree with eight-balls (八).